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No-deal Brexit would plunge UK into recession, OBR watchdog warns
A no-deal Brexit will plunge the UK economy into recession and could leave a £30bn black hole in public finances, according to the Office for Budget Responsibility (OBR).
Debenhams to seek fresh £50m lifeline from lenders
Debenhams is poised to seek more financial help to see it through to the crucial Christmas trading period just three months after investors were wiped out when the chain crashed into administration.
UK's largest pub chain EIG readies £1.3bn sale to Stonegate
Stonegate, the company behind Slug and Lettuce, Walkabout and Yates pub chains has agreed to buy the UK's biggest pub owner for £1.3bn.
Water bills set to fall despite firms facing extra £12bn investment bill
Water firms in England and Wales are facing demands to ramp up investment in infrastructure and cut household bills at the same time.
Sales of second-hand goods help drive retail sales up
A surprise jump in retail sales last month was partly due to a surge in demand for second-hand goods, according to official figures.
Asos shares tumble 27% as it issues profit warning
Shares in the online fashion retailer Asos lost more than a quarter of their value when trading began on Thursday after it issued a profit warning.
EU fines US tech giant Qualcomm £217m for forcing UK rival out of the market
The European Commission has fined American chipmaker Qualcomm €242m (£217m) for abusing its market dominance with the aim of forcing British rival Icera out of the market.
Netflix feels pain as global subscriber growth slows
Netflix shares slumped 10% as Wall Street opened on Thursday, following revelations it lost customers in its core US market for the first time in eight years.
Mirror and Express owner enters race to buy the i publisher
The owner of the Daily Mirror and Daily Express has waded into the auction of the i and hundreds of regional titles in an effort to create a British newspaper powerhouse.
Government rebukes FTSE giants for late supplier payment
A list of leading FTSE companies that include BAE Systems, BT and British Gas owner Centrica have been suspended from the government's Prompt Payment Code, after they were found to take longer than 60 days to pay their suppliers.